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Gold prices declined by ₹310 to ₹57,070 per 10 grams in the National Capital on March 15 amid weak global trends, according to HDFC Securities.
The yellow metal had closed at ₹57,380 per 10 grams in the previous trade.
Silver also fell by ₹90 to ₹66,535 per kg.
“Spot gold in the Delhi markets traded at ₹57,070 per 10 grams, down ₹310 per 10 grams,” Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said.
In the overseas markets, gold was quoting lower at $1,891 per ounce and silver was flat at $21.61 per ounce.
U.S. dollar and bond yields traded higher post-U.S. inflation data as increased expectations of a 25 basis points hike by the U.S. Federal Reserve at the next meeting, Mr. Gandhi said.
